Near Protocol Starts ‘Blockchain Operating System’ to Focus on User Experience

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

Layer 1 blockchain network Near Protocol has launched a product-first operating system that developers can build into and users can interact on, as a single platform. LedesmaLyllah reports.

Layer 1 blockchain network Near Protocol has launched a product-first operating system that developers can build into and users can interact on as a single platform, Illia Polosukhin, Near’s co-founder, announced at the ETHDenver industry conference.

The platform is intended to act as a common layer for browsing and discovering Web 3 products including crypto exchanges, non-fungible token galleries and social networks, according to Polosukhin. The framework will be compatible with all blockchains and Near will act as the common entry point, said Polusukhin, in an interview with CoinDesk.

“The composable decentralized front ends as a framework can work with any Web2 or Web3 back end and any wallet,” Polusukhin said. “In the future we will be offering [use of] wallets from one chain to interact with another via seamless bridging,” he added. The Near protocol currently ranks as the 35th largest blockchain in terms of market capitalization, according to

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 291. in COİN

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

NEAR protocol releases blockchain operating system for Web3The protocol team at ETHDenver 2023 spoke with Cointelegraph about the new blockchain operating system and funds raised for Ukrainians by the crypto community. NEARProtocol B
Source: Cointelegraph - 🏆 562. / 51 Read more »

Layer 1 Blockchain Protocol Algorand Hires Its First CFOEXCLUSIVE: Layer 1 blockchain Algorand hires its first CFO to help grow the network. Aoyon_A reports Algorand Aoyon_A reminds me of the actor in F&F Tokyo Drift. :)) Algorand Aoyon_A Hi. Dont FOMO into the Clinton's exit liquidity. Algorand Aoyon_A Lol
Source: CoinDesk - 🏆 291. / 63 Read more »

Blockchain Protocol Algorand Hires Its First CFOLayer 1 blockchain protocol Algorand has hired Matthew Commons as its first chief financial officer as it looks to expand its growth strategies and capital management. Algorand May be it will be good decision 👏 Algorand Algo has a very promising future! Algorand It's great to see Algorand expanding their team with the hiring of Matthew Commons as CFO. This move is a strong indication that the company is focused on growth and is looking to enhance its capital management strategies.
Source: CoinDesk - 🏆 291. / 63 Read more »

Provenance Blockchain Foundation announces $50M in grants for blockchain developmentThe Provenance Blockchain Foundation said that its ecosystem will foster open innovation by bringing together developers, financial applications, and issuers to facilitate the complete digital lifecycle of financial assets. Developers will be evaluated based on a range of factors, including their ability to contribute to asset perfection, asset origination, on/off ramps, security, compliance, wallets, identity, developer tools, and new financial asset use cases...
Source: Cointelegraph - 🏆 562. / 51 Read more »

Stacks (STX) surges as Bitcoin NFT hype grows, but its blockchain activity raises concernSTX token staged a near parabolic rally due to the recent hype over Bitcoin NFTs and a protocol upgrade announcement, but there are concerns on whether the ecosystem can gain significant adoption. However, Ordinals have invoked an issue from the past where Bitcoin maximalist ideologies will be tested if the NFTs lead to network congestion... $STX has yet to deliver all the functionalities required to support an NFT trading ecosystem and it faces competition... There is always a risk
Source: Cointelegraph - 🏆 562. / 51 Read more »